Allegro MicroSystems, Inc. (ALGM)
NASDAQ: ALGM · IEX Real-Time Price · USD
30.09
+0.12 (0.40%)
At close: May 6, 2024, 4:00 PM
30.35
+0.26 (0.86%)
After-hours: May 6, 2024, 7:18 PM EDT
Allegro MicroSystems Analyst Ratings
Total Analysts
7
Consensus Rating
Buy
Price Target
$46.14
Upside
+53.34%
Ratings History
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Evercore ISI Group | Evercore ISI Group | Buy Initiates $36 | Buy | Initiates | $36 | +19.64% | Apr 16, 2024 |
| Needham | Needham | Strong Buy Maintains $44 → $40 | Strong Buy | Maintains | $44 → $40 | +32.93% | Feb 2, 2024 |
| Wolfe Research | Wolfe Research | Hold → Buy Upgrades $35 | Hold → Buy | Upgrades | $35 | +16.32% | Feb 2, 2024 |
| Needham | Needham | Strong Buy Maintains $50 → $44 | Strong Buy | Maintains | $50 → $44 | +46.23% | Nov 3, 2023 |
| B of A Securities | B of A Securities | Hold Initiates $36 | Hold | Initiates | $36 | +19.64% | Sep 29, 2023 |
| Needham | Needham | Strong Buy Reiterates $50 | Strong Buy | Reiterates | $50 | +66.17% | Aug 9, 2023 |
| Needham | Needham | Strong Buy Reiterates $50 | Strong Buy | Reiterates | $50 | +66.17% | Aug 2, 2023 |
| Wells Fargo | Wells Fargo | Buy Maintains $52 → $60 | Buy | Maintains | $52 → $60 | +99.40% | Jul 26, 2023 |
| Mizuho | Mizuho | Strong Buy Maintains $50 → $56 | Strong Buy | Maintains | $50 → $56 | +86.11% | Jul 20, 2023 |
| Barclays | Barclays | Buy Maintains $50 → $60 | Buy | Maintains | $50 → $60 | +99.40% | Jul 20, 2023 |
| Wolfe Research | Wolfe Research | Hold Initiates n/a | Hold | Initiates | n/a | n/a | Jul 20, 2023 |
| Mizuho | Mizuho | Strong Buy Maintains $48 → $50 | Strong Buy | Maintains | $48 → $50 | +66.17% | May 12, 2023 |
| Needham | Needham | Strong Buy Reiterates $50 | Strong Buy | Reiterates | $50 | +66.17% | May 12, 2023 |
| Needham | Needham | Strong Buy Maintains $42 → $50 | Strong Buy | Maintains | $42 → $50 | +66.17% | Mar 15, 2023 |
| Barclays | Barclays | Buy Maintains $44 → $50 | Buy | Maintains | $44 → $50 | +66.17% | Mar 15, 2023 |
| Cowen & Co. | Cowen & Co. | Buy Maintains $38 → $44 | Buy | Maintains | $38 → $44 | +46.23% | Feb 1, 2023 |
| Barclays | Barclays | Buy Maintains $32 → $44 | Buy | Maintains | $32 → $44 | +46.23% | Feb 1, 2023 |
| Mizuho | Mizuho | Strong Buy Maintains $38 → $42 | Strong Buy | Maintains | $38 → $42 | +39.58% | Feb 1, 2023 |
| Needham | Needham | Strong Buy Maintains $30 → $42 | Strong Buy | Maintains | $30 → $42 | +39.58% | Feb 1, 2023 |
| Barclays | Barclays | Buy Maintains $26 → $32 | Buy | Maintains | $26 → $32 | +6.35% | Jan 23, 2023 |
| Cowen & Co. | Cowen & Co. | Buy Maintains $30 → $38 | Buy | Maintains | $30 → $38 | +26.29% | Jan 20, 2023 |